Maintain Your Home Value

According to most real estate experts and economic analysts, the housing market in the United States is falling flat rapidly. What can a homeowner or investor do with their properties to get the most on their current investments? Even if the economy continues to falter, you can still make recession proof and cost-effective home improvements to boost the value of your home.

The secret of choosing the home improvements you want to perform is simple. Seek out the maximum return from a minimal investment. Choose improvements that can boost the value of your home. Recession or not, a home with a nice kitchen or new tiled bathroom will sure be worth more. In an uncertain economy like today, doing a lavish remodels aren't your best move. Aim to get the biggest return for your investment.

One good example is renovating your kitchen. Instead of replacing all your cabinets, it’s more economical to replace or refinish cabinet facings and hardware. You'll save a lot of money by not replacing every bit of woodwork, yet you can achieve the make over appearance that you desire. Another simple but elegant touch is a tile backsplash. For a pretty low cost project, you can significantly transform the appearance of your kitchen, by putting this simple project.

Bathroom improvement is second on the list. Stone countertops, new hardware and trimmings and a new tile around the tub will transform your old powder room into a new elegant one. A fresh coat of paint is always a wise investment. New paint brings life to a 20 year old bath . The key is longevity. Make choices that endure the changing style standards of time. Whether you choose to sell or stay, bathroom renovations will pay for itself.

A new set of windows can significantly transform the look of your home inside and out. Consider low-e, double-pane glass windows, and make great saving on utility bills. Be sure to buy windows with the Energy Star seal to get the best savings on your heating and cooling bills. Energy efficient windows not only gives your home a good look , you can also get government and utility provider rebates for installing these windows.

With a few wise and simple home improvements, your current home will be in a better position when it comes time to put it on the market. Choose your home improvements wisely and your home will pay off regardless of the economic situation.

Top 10 Project Paybacks

According to research, exterior remodeling projects lead the way for recovery on dollars spent in this year’s Cost vs. Value survey. When you compare the national averages, replacement projects that boost curb appeal siding, windows, and decks give you the greatest chance of recouping your money.

1. Upscale fiber cement siding (86.7%)

2. Midrange wood deck (81.8%)

3. Midrange vinyl siding (80.7%)

4. Upscale foam-backed vinyl (80.4%)

5. Midrange minor kitchen remodel (79.5%)

6. Upscale vinyl window replacement (79.2%)

7. Midrange wood window replacement (77.7%)

8. Midrange vinyl window replacement (77.2%)

9. Upscale wood window replacement (76.5%)

10. Midrange major kitchen remodel (76.0%)

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